Tap Real Estate Technologies (RWAX) Asset Utilization Ratio (2022 - 2024)
Tap Real Estate Technologies' (RWAX) quarterly Asset Utilization Ratio came in at 0.39 in Q3 2024, down 19.53% year-on-year from 0.48 in Q4 2023, and little changed quarter-over-quarter from 0.39 in Q2 2024.
Tap Real Estate Technologies (RWAX) Asset Utilization Ratio (2022 - 2024) Analysis & Trends
Tap Real Estate Technologies has disclosed Asset Utilization Ratio across 3 years of filings, most recently posting 0.39 for Q3 2024.
- Asset Utilization Ratio for Q3 2024 came in at 0.39, down 19.53% year-over-year; the trailing twelve-month figure through Sep 2024 was 0.39 (down 19.53% YoY), and the FY2023 annual result was 0.38, up 506.66% from the prior year.
- Asset Utilization Ratio came in at 0.39 for Q3 2024 at Tap Real Estate Technologies, roughly flat from 0.39 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 0.87 in Q4 2023 to a low of 0.06 in Q3 2022.
- The 3-year median for Asset Utilization Ratio is 0.39 (2024), against an average of 0.37.
- Across the five-year window, Asset Utilization Ratio soared 751.19% in 2023 and decreased 19.53% in 2024, its largest moves.
- Tap Real Estate Technologies' Asset Utilization Ratio stood at 0.15 in 2022, then jumped by 483.78% to 0.87 in 2023, then slumped by 55.17% to 0.39 in 2024.
- The last three Asset Utilization Ratio figures came in at 0.39 (Q3 2024), 0.39 (Q2 2024), and 0.52 (Q1 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | IHS Holding | 45.03 Bn | 44.04 Bn | 231.80 | 186,318.31 |
| 2 | Cbre | 38.54 Bn | 37.33 Bn | 1.85 Bn | 1.38 |
| 3 | Costar | 14.00 Bn | 12.72 Bn | 701.00 Mn | 0.33 |
| 4 | Jones Lang Lasalle | 13.85 Bn | 13.53 Bn | - | 1.50 |
| 5 | KE Holdings | 7.04 Bn | 4.80 Bn | 661.06 Mn | - |
| 6 | Compass | 5.66 Bn | 5.19 Bn | 2.31 Bn | 1.72 |
| 7 | Opendoor Technologies | 4.24 Bn | 4.17 Bn | 72.00 Mn | 1.66 |
| 8 | Cushman & Wakefield | 3.11 Bn | 2.51 Bn | 420.70 Mn | 1.38 |
| 9 | Newmark | 2.67 Bn | 2.62 Bn | - | 0.67 |
| 10 | Tap Real Estate Technologies | - | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 0.39 |
| Jun 30, 2024 | 0.39 |
| Mar 31, 2024 | 0.52 |
| Dec 31, 2023 | 0.87 |
| Sep 30, 2023 | 0.48 |
| Jun 30, 2023 | 0.31 |
| Mar 31, 2023 | 0.21 |
| Dec 31, 2022 | 0.15 |
| Sep 30, 2022 | 0.06 |